Thursday, January 05, 2017

Inflation Changes Plans For Eurozone Easing And Stimulus

German inflation rises sharply, unemployment falls

Inflation in Germany has jumped due to costlier energy and food. Consumer prices in the eurozone’s biggest economy were up by 1.7 percent in December from the same month a year earlier. That is close to the European Central Bank’s inflation target of at or just below 2 percent. The reading was much higher than November’s…